Tanganda Tea Company, a company listed on the Zimbabwe Stock Exchange (ZSE), has faced significant challenges in its production across key categories, attributed to a combination of natural and macro
Aug 11, 2023
GetBucks Bank, a prominent financial institution in Zimbabwe, is considering the termination of its listing on the Zimbabwe Stock Exchange (ZSE) as it believes maintaining the listing on the ZSE is p
Aug 10, 2023
On the RBZ-governed Auction Market, the Zimbabwean dollar experienced a negative performance, marked by a 0.4% depreciation on August 8th, taking it to two straight sessions of depreciation. The curre
Aug 09, 2023
PPC, a leading company in the cement and materials industry, has announced the successful completion of an equity transaction that aims to benefit qualifying employees working for its subsidiaries in
Aug 08, 2023
After an extended period of approximately 15 months, during which the Republic of Zimbabwe assumed a shrouded veil of neutrality which the global community might now say deceptive in response to Russi
Aug 07, 2023
National Tyre Services (NTS) has concluded its fiscal year 2023 with a substantial loss of ZWL577 million, representing a stark reversal from the prior year's profit of ZWL208 million. This significa
South Africa's foreign exchange reserves soared to an unprecedented US$62.21 billion in July 2023, surpassing the previous month's figure of US$61.55 billion and exceeding market predictions of $61.63
Tigere, a distinguished ZSE-listed real estate investment trust, is poised to complete its Highland Park Phase 2 undertaking in Q4 2023 indicating another noteworthy milestone in the company's propert
Aug 03, 2023
The Zimbabwe dollar has witnessed its first depreciation during the first trade in August after a period of five consecutive weeks of appreciation against the US Dollar according to the latest data fr
Aug 02, 2023
Preeminent retailer, OK Zimbabwe Limited, has once again deferred the announcement of its full year results, which were originally slated to be released on or before 31 March 2023, and were subsequent
Aug 01, 2023
On July 28th, the Central Bank issued a circular outlining the resolutions reached during the monetary policy meeting held on that day to evaluate the efficacy of recent policy interventions implement
A cohort of European Union (EU) Election Observers arrived in Zimbabwe to oversee the much-anticipated elections scheduled for the 234rd of August this year. This will be the second election under the
Jul 31, 2023
Star Africa Corporation, a sugar manufacturer, has announced a further delay in the publication of its full-year financial results. The company has revised its expected publication date from the initi
The Zimbabwe dollar exhibited its fifth consecutive period of appreciation, trading at ZWL4505.4232 against the greenback, up from ZWL4771.3854. This marked a significant week-on-week increase of 6%,
Jul 28, 2023
Delta Corporation Limited, the leading beverage company listed on the Zimbabwe Stock Exchange, has announced a $71 million investment aimed at boosting its production efficiency and profitability. Giv
Jul 27, 2023
Victoria Falls Stock Exchange (VFEX) has achieved noteworthy accomplishments and capital raising since its inception in 2020. VFEX is a subsidiary of the Zimbabwe Stock Exchange. VFEX's remarkable per
Jul 26, 2023
Zimbabwe's balance of trade witnessed a significant improvement, with the trade deficit declining by over 50% to US$85.1 million from a previous figure of US$196 million, representing a decline of 56.
Jul 25, 2023
African Distillers (AFDIS), a prominent manufacturer of wine and spirits, experienced a 13% downturn in wine volumes during the quarter ended 30 June 2023, with spirits registering a meagre uptick of
Mining firm, Caledonia Mining Corporation has halted the Bilboes Mine operations as the project is not generating sufficient revenues or cash flows to justify its continuation. The halt is effective O
Jul 24, 2023
Econet Wireless Zimbabwe Limited, the largest telecommunications company in Zimbabwe by market capitalisation, is currently implementing a virtualized core network as part of its digital transformatio
NMB Bank has secured a second financing commitment from British International Investment (BII), with the UK development finance institution increasing its exposure to the Zimbabwean lender through a n
CABS has signed a US$30 million financing partnership with British International Investment (BII) to expand lending to Zimbabwe’s productive sectors, creating an additional source of foreign currency
Zimbabwe’s dairy industry is entering a stronger recovery phase, with commercial milk production rising steadily after years of contraction and creating the possibility of reducing the country’s depe
Zimbabwe’s inflation environment is entering a different phase, with the latest data showing price pressures becoming concentrated in essential costs rather than broad-based increases across the econo
Axia Corporation’s FY2026 performance was defined by more than revenue growth. The group’s strongest strategic shift came through improved cash generation, reducing dependence on external funding and
Zimbabwe’s largest companies are increasingly navigating a difficult balance between government’s need to expand domestic revenue collection and the private sector’s demand for a predictable operating
Axia Corporation’s FY2026 performance has been powered by a sharp recovery in consumer demand, but the strength of the rebound was increasingly tied to the expansion of household credit as Zimbabwe’s
For many Zimbabweans struggling with mental health challenges, the first point of contact with the healthcare system is rarely a psychiatrist. Patients often arrive at hospitals complaining of headach
